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Fly News Breaks for December 15, 2015
SBH
Dec 15, 2015 | 07:10 EDT
KeyBanc analyst Jason Gere upgraded Sally Beauty to Overweight and established a $33 price target on shares. Gere has increased confidence in SBS reacceleration initiative to improve customer base fundamentals and expects the company to benefit from zone pricing, vendor negotiation wins, continued BSG momentum, and a value proposition that is resonating with consumers.
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